YES!!! You read it right! pod2g has just tweeted that he is one step closer to exploiting the A5 chip (which powers the iPhone 4S and the iPad2) and that we could be looking at an untethered solutions for A5 iDevices running iOS 5.0.1 within a week.

This comes as a wonderful surprise to of you user who just unwrapped that brand new 4S or iPad 2 less than a week ago!